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John C Reeves of Reef Point Realty, Inc
My Office Listings
4586-4590 Arizona St
San Diego
92116
$2,299,000
Residential Income
beds: 5
baths: 5.0
0 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260002318
- Bedrooms:
- 5
- Bathrooms:
- 5
- Year Built:
- 2025
- Photos (43)
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Discover this exceptional opportunity with four income-producing units, strategically located just a block from Adams Avenue in the premiere North Park neighborhood. This four-plex includes a timeless 2BR/2BA detached bungalow at the front, complemented by two brand new construction 1BR/1BA units nestled at the back. Additionally, there's a beautifully renovated studio, affectionately known as the "casita." The location is unbeatable, offering a short stroll to North Park's vibrant 30th Street to the east, and convenient access to Park Boulevard to the west. This property presents a remarkable opportunity for investors seeking a hassle-free, multi-family property with strong rental appeal, or for buyers interested in owner-occupying while generating rental income. The bonus basement space beneath the front unit offers incredible versatility—it’s perfect for a home gym, office, extra storage, or could potentially be reimagined as an additional living unit. For detailed rental income insights, please reach out to Matt. All units are currently fully leased.
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 3
- County Or Parish:
- San Diego
- Market Area:
- Metro Uptown
- Neighborhood Code:
- North Park
- Name of Complex/Subdivision:
- NORTH PARK
- Building Name:
- Arizona St.
- Total Building Area:
- 0 sq. ft.
- Total Floor Area:
- 0 sq. ft.
- Total Bedrooms:
- 5
- Bathrooms:
- 5
- Full Bathrooms:
- 5
- Half Bathrooms:
- 0
- Stories:
- 2 Story
- Total Stories:
- 2
- Year Built:
- 2025
- Age (in years):
- 1 year(s)
- Short Sale:
- false
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Monthly Total Fees:
- $0
- Terms:
- Cash, Conventional, VA
- Cap Rate.:
- 3.8
- Gross scheduled income:
- 118200.0
- Other income actual:
- 0
- Operating expense:
- 30897.0
- Number of Units:
- 4
- Number of Units with Cooling:
- 4
- Tenant pays:
- Cable TV, Electricity, Gas/Propane
- Unit Number for Unit 1:
- 4586
- Unit Number for Unit 2:
- 4586.5
- Unit Number for Unit 3:
- 4588
- Unit Number for Unit 4:
- 4590
- Special Listing Conditions:
- N/K
- Age Restrictions:
- N/K
- Construction Material:
- Wood/Stucco
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 445-161-32-00
- Heating:
- Fireplace, Forced Air Unit
- Heating fuel:
- Electric, Natural Gas
- Cooling:
- Attic Fan, Central Forced Air
- Utilities:
- Sewer Connected
- Pool Features:
- N/K
- Roof:
- Composition
- Security:
- N/K
- Water supply:
- Meter on Property
- Irrigation:
- Automatic
- Pets Allowed:
- Yes
- Fencing:
- Full
-
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Listed by Compass
Data was last updated January 30, 2026 at 09:10 PM (UTC)
Area Statistics
- Listings on market:
- 120
- Avg list price:
- $2,162,500
- Min list price:
- $500,000
- Max list price:
- $18,000,000
- Avg days on market:
- 78
- Min days on market:
- 0
- Max days on market:
- 1,999
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ANTOINETTE EMBRY
- Compass
- 1 (619) 504-9979
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.